Yes Bank Q4 PAT seen down 3% YoY to Rs. 888.1 cr: KR Choksey

KR Choksey has come out with its fourth quarter (Jan-March 18) earnings estimates for the Banking & Financial Services sector. The brokerage house expects Yes Bank to report net profit at Rs. 888.1 crore down 3% year-on-year (down 18% quarter-on-quarter).

Net Interest Income is expected to increase by 30 percent Y-o-Y (up 13 percent Q-o-Q) to Rs. 2,125.7 crore, according to KR Choksey.

KR Chokseys earnings estimates for Yes Bank

Expect 32% growth in advances along with slight contraction in NIMs should lead to 30% growth in NII. Slight deterioration in cost structure along with elevated credit costs could result in de-growth at PAT level. Expecting NPA to inch up.

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